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Economy

24 Makale
  • Economy

The Rate of Exchange

  • 24 Haziran 2015
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International trade involves an exchange of currencies. When an English Merchant buys goods from a French merchant payment must be made in francs, as the French merchant must meet his expenses…
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  • 2 dk
  • Economy

Quasi Rent

  • 26 Aralık 2014
  • Kriyus Digital
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The characteristics of land set out above also apply to certain forms of capital. Some economists for this reason have doubted the usefulness of the distinction between land an capital.…
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Görüntüle
  • 2 dk
  • Economy

Politics and Ethics

  • 26 Aralık 2014
  • Kriyus Digital
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Economics distinguished from Politics and Ethics Politics and ethics are normative studies, that is to say they are concerned with norms or standards.Politics and ethics are not merely concerned with…
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Görüntüle
  • 2 dk
  • Economy

Employment And Spending

  • 26 Aralık 2014
  • Kriyus Digital
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All employment is caused by spending. If for example no one bought clothes all the tailors would be unemployed, and if people bought more clothes there would have to be…
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Görüntüle
  • 2 dk
  • Economy

The Employment Problem

  • 25 Aralık 2014
  • Kriyus Digital
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Theories of the general level of employment are largely a product of the period after the Firs World War. Before then, economists considered that the forces of free competition always…
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Görüntüle
  • 2 dk
  • Economy

Profit And Cost

  • 23 Aralık 2014
  • Kriyus Digital
  • Yorumlar
which entrepreneurs would not produce. The amount of  profit required to call forth production will vary with the amount of uncertainty and from this we get the concept of the…
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Görüntüle
  • 2 dk
  • Economy

Interest

  • 14 Aralık 2014
  • Kriyus Digital
  • Yorumlar
Short and Long Term Rates So far we have discussed interest as if there were only one rate, but there are in fact several rates. It is convenient to divide…
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Görüntüle
  • 3 dk
  • Economy

Profit

  • 7 Aralık 2014
  • Kriyus Digital
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The Nature Of Profit We may define profit as the difference between the total expenses and the total revenue of a business. Some care is necessary to isolate profit from…
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Görüntüle
  • 3 dk
  • Economy

The Nature Of Interest

  • 7 Aralık 2014
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In a modern society there is always a good deal of borrowing. This is a natural consequence of the fact that those who have money are not always the same…
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Görüntüle
  • 3 dk
  • Economy

Methods Of Wage Payment

  • 6 Aralık 2014
  • Kriyus Digital
  • Yorumlar
The simplest way in which to pay wages is to pay time rates; in this system the appropriate amount is paid for each hour, day or week spent at work…
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Görüntüle
  • 2 dk
  • Economy

Women's Wages

  • 6 Aralık 2014
  • Kriyus Digital
  • Yorumlar
Women usually earn less than men. Whether this is desirable or not is no concern of the economist as such; explanations based on the equity or otherwise of this fact…
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Görüntüle
  • 3 dk
  • Economy

Can trade Unions raise Wages?

  • 4 Aralık 2014
  • Kriyus Digital
  • Yorumlar
Actual circumstances are very much more complicated than the above simplified model. The impression it gives is that wages are rigidly determined by the marginal product of labour and that…
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Görüntüle
  • 3 dk
  • Economy

The Distribution Of Income

  • 3 Aralık 2014
  • Kriyus Digital
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The factors of production and their Rewards Production is made possible by the co-operation of the four factors of production which are land, labour, capital and enterprise. It can be…
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Görüntüle
  • 2 dk
  • Economy

Characteristic of Free and Planned System

  • 26 Kasım 2014
  • Kriyus Digital
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  Economic system can be divided into two broad types, free and planned.A free system is one in which economic decisions are left to the individual instead of being taken…
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Görüntüle
  • 2 dk
  • Economy

The Nature of Wealth

  • 26 Kasım 2014
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We have seen that economy  is concerned with the economical use of resources.To these resources the economist gives the name ‘wealth’.We must now define this term precisely.Like many other terms…
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Görüntüle
  • 2 dk
  • Economy

Factors Determining the Elasticity of Demand

  • 25 Kasım 2014
  • Kriyus Digital
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Luxurious tend to have a more elastic demand than necessaries.A rise in the price of a necessary will not produce a very great failling off in the  amount demand,unless price…
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